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The European Central Bank Monetary Policy and the Taylor Rule, 1999-2009
Maza Fernández, Adolfo; Sanchez Robles, Blanca (Universidad de Huelva, 2013)In this paper, we try to see whether there is a model that can describe ECB monetary policy in simple, intuitive terms, and whether the model is consistent over time. We find such a model, which has the form of the Taylor ...